Red Rock Resorts Inc (NASDAQ:RRR) announced a quarterly dividend on Wednesday, May 2nd, Wall Street Journal reports. Investors of record on Friday, June 15th will be paid a dividend of 0.10 per share on Friday, June 29th. This represents a $0.40 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Thursday, June 14th.
Shares of Red Rock Resorts opened at $34.30 on Wednesday, according to MarketBeat. The company has a debt-to-equity ratio of 3.67, a current ratio of 1.09 and a quick ratio of 1.04. Red Rock Resorts has a 1-year low of $21.41 and a 1-year high of $35.77. The firm has a market cap of $3.97 billion, a P/E ratio of 55.32 and a beta of 1.65.
Red Rock Resorts (NASDAQ:RRR) last issued its quarterly earnings results on Tuesday, May 1st. The company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.04. Red Rock Resorts had a return on equity of 16.46% and a net margin of 4.11%. The firm had revenue of $421.04 million during the quarter, compared to the consensus estimate of $411.13 million. sell-side analysts predict that Red Rock Resorts will post 1.29 earnings per share for the current fiscal year.
About Red Rock Resorts
Red Rock Resorts, Inc, through its interest in Station Holdco and Station LLC, engages in casino entertainment, and gaming and entertainment businesses in the United States. It operates through two segments, Las Vegas operations and Native American management. The company develops, manages, and operates casino entertainment properties; and owns and operates 10 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market.
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